THE BUSINESS MODEL


This is a design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing.  It is a framework for finding a schematic way to unlock long-term value for an organization. It essentially outlines the core aspects of how a business operates and generates revenue. Blueprint in a successful operation of business must need to identify each.




Financial Value: In financial value, this includes sales by offering the product to customers have discounts, On the customer side, it provides savings this is the way to broaden your financial terms by giving the first discount to the customer.

Functional Value: This includes the Utility for the customers by providing functional benefits and solving problems like where here in information goal technology is everywhere to enable to communicate bad access the information we must have gadgets that connect to the internet.

Environmental Value: This value it can create good sustainability in terms of eco-friendly products that can contribute environment which is helpful for the individual.

Social Value: Include the customer experience the owner thinks about how the business enhances the overall experience for its customers. This could be through user-friendly interfaces, personalized services, or efficient processes.

Time Value: Products/Services are considered to belong to time value and what products or services the business offers. How much do these meet the needs or solve the problems of customers?

Innovation Value: Reflect on how the business innovates, what the need to market your product is, and dress the chaos. Is it through technological advancements, unique design, exceptional customer service, or other means.





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